Great opportunity to purchase this oversized 4 family located just over the Groveland line. This property is located less than a mile from a hospital, local grocery stores, shopping centers and parks. This large uniform building has been updated and well-maintained by the sa...
This home has been viewed 19 times
Last Checked: May 7th, 2024 at 6:21am (Source: MLS PIN #73097497)
Gross Income: $67,200
Gross Expenses: $11,392
Net Income Calc: $55,808
CAP Rate: 6.64%
Annual Expenses for 83-85 Groveland St, Haverhill MA 01830
Total Gross Expenses (Calculated)$11,392/year
APOD AvailableYes
Heating
Electricity$400
Water$1,600
Gas$1,600
Insurance$2,500
Sewer$1,600
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$6,892
Annual Income & Unit Breakdown for 83-85 Groveland St, Haverhill MA 01830
Total Gross Income (Calculated)$67,200
Unit 1
Rental Income$1,700
LeaseY
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
Unit 2
Rental Income$1,700
LeaseY
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
Unit 3
Rental Income$1,100
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
Unit 4
Rental Income$1,100
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
General Information for 83-85 Groveland St, Haverhill MA 01830
Listing ID73097497
Property TypeMulti Family / 4 Family
Price$840,000 ($156.6/SqFt)
Style4 Family
CityHaverhill
CountyEssex
MLS Area
Neighborhood(s)Ipswich
Approximate Living Area Total5,364 SqFt
Approximate Lot Size (Acres)0.19 acres
Total Parking4
Garage Parking
Year Built1875
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor Space
ZoningRH
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 83-85 Groveland St, Haverhill MA 01830
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$4,500
Total Gross Income By Broker$67,200
Total Net Income By Broker$62,700
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.0
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 83-85 Groveland St, Haverhill MA 01830
Real Estate Taxes$6,892
Tax Year2023
Assessed Value$618,100
Financial Data SourceOwner
Total Gross Expenses By Broker$4,500
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$67,200
BostonRealEstate.com Gross Income
Total Net Income By Broker$62,700
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.64%
Location Information for 83-85 Groveland St, Haverhill MA 01830
Elementary School
Middle School
High School
Neighborhood(s)Ipswich
MLS Area
Area AmenitiesHighway Access, Public School, Shopping, Park, Medical Facility, Public Transportation
Contact Information for 83-85 Groveland St, Haverhill MA 01830